Adhvaryu, Achyuta; Gauthier, Jean-Francois; Nyshadham, Anant - National Bureau of Economic Research - 2021
We study relational contracts among managers using unique data that tracks transfers of workers across teams in Indian ready-made garment factories. We focus on how relational contracts help managers cope with worker absenteeism shocks, which are frequent, often large, weakly correlated across...